Announces Director Resignation
TORONTO, Nov. 15, 2021 /CNW/ - BlueRush Inc.
("BlueRush" or the "Company") (TSXV: BTV) (OTCQB:
BTVRF), an emerging personalized video Software as a Service (SaaS)
company, is pleased to announce today that it has retained the
services of Independent Trading Group (ITG), Inc. ("ITG")
to provide market making (liquidity and stability) for the
Company's listed shares on the TSX Venture Exchange (the
"Exchange").
ITG is dedicated specifically to professional trading. ITG
employs real traders, the latest in trading technology and risk
management tools and in-depth market structure expertise. ITG, a
Proprietary Trading and Market Making firm, is a member of IIROC,
CIPF, the Toronto Stock Exchange and the Canadian Securities
Exchange. ITG provides various services such as Price Discovery and
Market Making for Traders, Marketplaces and Issuers. ITG operates
out of two offices in the Greater Toronto
Area (Ontario, Canada). For
further information regarding ITG, please visit ITG's website at
https://independent-trading-group.com.
The fees incurred by BlueRush in consideration for the services
provided by ITG consist of cash consideration of $5,000 per month, effective November 5, 2021, and each month thereafter
during the initial three-month term. The term will renew for
subsequent one month terms, at $5,000
per month, unless either party provides 30 days written notice
prior to the end of a term.
BlueRush and ITG act at arm's length, and ITG has no present
interest, directly or indirectly, in BlueRush or its securities.
The fee paid by BlueRush to ITG is for services only. The
engagement of ITG by BlueRush is subject to approval of the
Exchange.
Company also announces the resignation of Michael Beckerman as a director of the Company.
The Company thanks Mr. Beckerman for all of his efforts and
commitment to the Company and wishes him well in his future
endeavors.
About BlueRush
BlueRush develops and markets IndiVideo™, a disruptive,
award-winning interactive personalized video platform that drives
return on investment throughout the customer lifecycle, from
increased conversions to more engaging statements and customer
care. IndiVideo enables BlueRush clients to capture knowledge and
data from their customers' video interaction, creating new and
compelling data driven customer insights. For more information
visit: http://www.bluerush.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Certain statements contained in this press release may
constitute "forward-looking information" as such term is defined
in applicable Canadian securities legislation. The words "may",
"would", "could", "should", "potential", "will", "seek",
"intend", "plan", "anticipate", "believe", "estimate", "expect" and
similar expressions as they relate to the Company are intended to
identify forward-looking information. All statements other than
statements of historical fact may be forward-looking information.
Such statements reflect the Company's current views and intentions
with respect to future events, and current information available
to the Company, and are subject to certain risks, uncertainties
and assumptions. Material factors or assumptions were applied in
providing forward-looking information. Many factors could cause
the actual results, performance or achievements that may be
expressed or implied by such forward-looking information to vary
from those described herein should one or more of these risks or
uncertainties materialize. These factors include, without
limitation: changes in law; the ability to implement business
strategies and pursue business opportunities; state of the
capital markets; the availability of funds and resources to pursue
operations; a novel business model; dependence on key suppliers
and local partners; competition; the outcome and cost of any
litigation; the general impact of the COVID-19 pandemic; as well
as general economic, market and business conditions, as well as
those risk factors discussed or referred to in disclosure documents
filed by the Company with the securities regulatory authorities
in certain provinces of Canada and available at
www.sedar.com. Should any factor affect the Company in an
unexpected manner, or should assumptions underlying the
forward-looking information prove incorrect, the actual results or
events may differ materially from the results or events
predicted. Any such forward-looking information is expressly
qualified in its entirety by this cautionary statement. Moreover,
the Company does not assume responsibility for the accuracy or
completeness of such forward-looking information. The
forward-looking information included in this press release is
made as of the date of this press release and the Company
undertakes no obligation to publicly update or revise any
forward-looking information, other than as required by
applicable law.
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SOURCE BlueRush Inc.